If you are here, it is because you want to open an account with Plus500 and want to know what Plus500's minimum deposit is.
- Minimum Deposit: $100;
- Plus500 accepts deposits in USD, GBP, EUR, CHF, AUD, JPY, PLN, CZK, CAD, HUF, TRY, SEK, NOK, and SGD. If you deposit in a different currency, you will be charged a Up to 0.70% fee for currency conversion;
- Charges $0 for deposits;
- Charges $0 for withdrawals;
- Regulated by FCA, CySEC, FSCA, FMA and ASIC.
Whether you are a new trader looking to open your first account or an experienced trader looking to switch brokers, this article will provide you with the information you need to make an informed decision.
What is Plus500's minimum deposit?
Plus500's minimum deposit is $100. You can deposit via Debit/Credit cards, Bank transfer, and Electronic wallets (PayPal or Skrill), and Plus500 charges $0 for the deposits.
Each deposit method may display different minimum amounts, fees (if applicable), and different processing times for the money to arrive at your account. For more information, you can visit Plus500's website.
Are there deposit fees at Plus500?
No, Plus500 does not charge deposit fees. It's a plus that the broker doesn’t deduct any fees from your deposits. The only costs you need to consider are those charged by the bank or other third-party financial services you use to send money.
What about currency conversion costs?
Plus500's supported/base currencies are USD, GBP, EUR, CHF, AUD, JPY, PLN, CZK, CAD, HUF, TRY, SEK, NOK, and SGD. Please note: a deposit made with a different local currency could be charged a currency conversion fee of Up to 0.70%.
To prevent this, you can try to deposit in one of the supported currencies using low-cost currency conversion services such as Revolut or Wise.
What are the deposit methods available at Plus500?
The deposit methods available at Plus500 include: Debit/Credit cards, Bank transfer, and Electronic wallets (PayPal or Skrill).
Does Plus500 charge withdrawal fees?
No, Plus500 does not charge withdrawal fees. This means you can easily access your funds without incurring additional costs.
Is Plus500 safe?
Plus500 is regulated by FCA, CySEC, FSCA, FMA and ASIC. This is excellent news because regulated brokers must follow strict rules and regulations to ensure that they operate fairly and transparently.
In the event of a dispute, regulated brokers must have processes for resolving disputes with clients. Regulated brokers are also subject to higher standards of conduct and must follow best practices in the industry.
Lastly, firms like Plus500 must be part of the Investor Compensation Scheme (ICS) which protects clients in case an investment firm goes out of business.
Brokers with Signup Bonuses?
|Broker||Bonus Promotion||Link||Terms and Conditions||Available Countries|
|1 share up to £100||Link||Details||Europe|
|Up to $1,000 of free IBKR stock||Link||Details||Worldwide (exceptions apply)|
|1 share up to €200||Link||Details||Netherlands, Ireland, Spain, Germany, Austria, France, Belgium|
|One share worth up to $150||Link||Details||UK, Brazil, New Zealand, Australia.|
To sum it up, Plus500's minimum deposit is $100.
We covered Plus500's deposit costs and other information so that you can make an informed decision about opening a trading account on Plus500. Want to know more about Plus500? Feel free to explore Plus500’s website and Plus500 review. You can also check out our broker reviews and comparisons, and let us know your thoughts in the comments below!